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How much yearly hike can one expect at Société Générale ?
"Depends on performance" seems to be a very vague answer.
Can someone please elaborate on a better answer.
Also, Can someone shed some light on promotions?
Is there any policy, like you have to work for X years to be eligible for promotion etc.
Thanks in advance.
Société Générale
How early is too early to ask for a raise?
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Hello,
Need 11❤️ to unlock DM. Thanks in advance!
Thanks for setting this up!
What are some good personal finance books?
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Cheers 🥂 What an amazing 6 years with this firm

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Review cycle starts in May with official promo announcement in June (just to clarify)
Why is Deloitte's so drawn out? It's not like it's any more effective or rigorous...
Yeah, you get your performance bonus 6 months after it's earned at D. Sucks.
@D2 that's not out of the ordinary... Our reviews happen in May (decision is made), communicated in June, bonuses paid out in Sep/Oct
Firms do it for retention purposes. By the time you get your bonus/promotion you're already more than halfway through the next performance year. Fuck em doe.
Every six months for consensus review + possible promotion.
It's mostly when going from CTL to Manager and from Principal to Partner that the 6-month window comes into play. It actually feels less cutthroat - it's like I get three tries - early, on time, late - and I don't have to wait a whole year.
June
Promos become effective July 1
We are doing mid-years now. EOY reviews start mid to late June. Promotions are published in late August to early September, effective October 1st.
Bonus is paid 1st paycheck after promotion becomes effective.
The half year promos seem cutthroat as hell but awesome at the same time at MBB